Insider Selling: Wayne L. Jones Sells 10,000 Shares of BJ's Restaurants Stock (BJRI)
BJ's Restaurants (NASDAQ:BJRI) VP Wayne L. Jones sold 10,000 shares of the stock on the open market in a transaction dated Wednesday, August 27th. The stock was sold at an average price of $37.75, for a total value of $377,500.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
A number of research firms have recently commented on BJRI. Analysts at Buckingham Research raised their price target on shares of BJ's Restaurants from $40.00 to $44.00 in a research note on Friday, August 22nd. Separately, analysts at Zacks upgraded shares of BJ's Restaurants from a “neutral” rating to an “outperform” rating in a research note on Thursday, August 14th. They now have a $43.00 price target on the stock. Finally, analysts at Stifel Nicolaus reiterated a “buy” rating on shares of BJ's Restaurants in a research note on Friday, July 25th. They now have a $43.00 price target on the stock, up previously from $38.00. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $33.44.
BJ's Restaurants (NASDAQ:BJRI) traded down 1.22% during mid-day trading on Thursday, hitting $37.19. 242,367 shares of the company’s stock traded hands. BJ's Restaurants has a 52 week low of $25.11 and a 52 week high of $38.10. The stock has a 50-day moving average of $34.62 and a 200-day moving average of $32.38. The company has a market cap of $1.046 billion and a price-to-earnings ratio of 63.71.
BJ's Restaurants (NASDAQ:BJRI) last released its earnings data on Thursday, July 24th. The company reported $0.30 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.24 by $0.06. The company had revenue of $219.40 million for the quarter, compared to the consensus estimate of $219.25 million. During the same quarter in the prior year, the company posted $0.32 earnings per share. The company’s quarterly revenue was up 10.5% on a year-over-year basis. Analysts expect that BJ's Restaurants will post $0.77 EPS for the current fiscal year.
BJ’s Restaurants, Inc (NASDAQ:BJRI) owns and operates restaurants.
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